William Roth created the Roth IRA in 1997 as a tax-free retirement investment. This investment will grow tax-free and can’t be taken out until you have reached 59 1/2 years of age. There are no RMDs (Required Minimum Distribution), so you can wait and let that money keep growing, even after you reach the minimum age to start taking money out. If you do this, you can keep making contributions up until 70 1/2 years old.
On our 6th episode of “Money Minutes for Doctors” Dr. Kristina McAteer once again joins Katherine Vessenes, JD, CFP®, RFC, Founder and President of MD Financial Advisors to discuss the basics of an IRA. This podcast covers how to choose the right one and how to utilize tax efficient investing.
Dr. Kristina McAteer sits down with Katherine Vessenes to discuss side gigs. Side gigs are short-term independent employment options, and can be a variety of things for doctors.
Should you be putting money into a Roth 401K or a Roth IRA? Should you do pre-tax or after-tax? What’s best for you?
Episode 3 covers the tax laws and how they affect doctors who own their own practice.
Katherine Vessenes sits down with Kristina McAteer to discuss the new tax rules and if we are in "taxmageddon" or "tax-heaven."
Katherine Vessenes sits down with Dr. Kristina McAteer to discuss Money Minutes for Doctors and how doctors can save for the future.